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Podcast: The Dividend Cafe
Episode: The DC Today - Monday November 7, 2022
Description: Market Action
Futures opened down nearly -200 points last night but got back nearly to the flat line by bedtime as Japan and Hong Kong markets were rallying. Then this morning, futures pointed to a +170-point open pre-market.
The market opened +80 points and went steadily higher throughout the day.
The Dow closed up +424 points (+1.31%), with the S&P 500 up +0.96% and the Nasdaq up +0.85%.
It would be malpractice not to start with this chart. One thing I have said over and over is that I believe equity volatility does not stabilize until the ascendant dollar reverses...